In the end, Pelosi and Obama’s achievement is likely to come at a hefty political price. It seems clear that the American people aren’t as easy to buy off or cajole as their elected officials, and over the coming months, as they learn more about what’s within this new system, Republicans are counting on them disliking it. In a time of economic tension, the effects of new tax requirements could be immediate and tangible. And in the long term, the most significant aspect of this reform that no one has talked about that much is what it will do to the American job market — thanks to taxpayer-funded subsidies for coverage which create “cliffs” at certain income levels, many Americans will experience new penalties for success which will impact their decisions in the future.

I hope you read and find it of interest. The vote is just a few hours away.